AAA (2014) Limited - Accounts to registrar (filleted) - small 18.1

AAA (2014) Limited - Accounts to registrar (filleted) - small 18.1

AAA (2014) LIMITED - Company Information

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REGISTERED NUMBER: 09233788 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

AAA (2014) LIMITED
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AAA (2014) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2017







DIRECTORS: A F Atashroo
H A Atashroo





REGISTERED OFFICE: 196 West End Lane
London
NW6 1SG





REGISTERED NUMBER: 09233788 (England and Wales)





Page 1
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

BALANCE SHEET
30 SEPTEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 30,000
Tangible assets 5 2,013 2,063
32,013 32,063

CURRENT ASSETS
Debtors 6 103,785 53,941
Cash at bank and in hand 7,902 10,287
111,687 64,228
CREDITORS
Amounts falling due within one year 7 107,908 86,967
NET CURRENT ASSETS/(LIABILITIES) 3,779 (22,739 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
35,792
9,324

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 34,792 8,324
35,792 9,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 June 2018 and were signed on its behalf by:



A F Atashroo - Director


The notes form part of these financial statements

Page 2
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017


1. STATUTORY INFORMATION

AAA (2014) Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Page 3 continued...
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


2. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and
liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and
loans to related parties.

a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the
effective interest method, less impairment losses for bad and doubtful debts except where the effect of
discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad
and doubtful debts.

b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an
asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective
interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss
is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between
an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company
would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors
Debt instruments like loans and other accounts receivable and payable are initially measured at present value of
the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that
are payable or receivable within one year, typically trade payables or receivables, are measured, initially and
subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a
trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in
case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and
subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt
instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when
there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or
to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 4 continued...
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2016
and 30 September 2017 30,000
NET BOOK VALUE
At 30 September 2017 30,000
At 30 September 2016 30,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2016
and 30 September 2017 1,651 500 2,151
DEPRECIATION
At 1 October 2016 - 88 88
Charge for year - 50 50
At 30 September 2017 - 138 138
NET BOOK VALUE
At 30 September 2017 1,651 362 2,013
At 30 September 2016 1,651 412 2,063

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed by participating interests 103,785 53,941

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to participating interests 46,567 26,667
Taxation and social security 41,218 25,972
Other creditors 20,123 34,328
107,908 86,967

Page 5 continued...
AAA (2014) LIMITED (REGISTERED NUMBER: 09233788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


8. RELATED PARTY DISCLOSURES

At the year end, the company owed £46,567 (30.09.16: £26,667) to WG Properties Limited, a company in which
H.A. and A.F. Atashroo have controlling interests.

At the year end, the company was owed £89,514 (30.09.16: £36275) from AAA Cleaning Limited, a company in
which H.A. and A.F. Atashroo have controlling interests.

At the year end, the company was owed £3,171 (30.09.2016: £4,895) from Autospot Limited, a company in
which H.A. Atashroo has controlling interests.

At the year end, the company was owed £11,100 (30.09.16: £11,100) from Highgate Wash House, a company in
which H.A. and A.F. Atashroo have controlling interests.

Page 6